Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I am a young investor who invests in stocks, mutual funds, and rental properties. I have recently been introduced to the concept of the Limited Liability Company (LLC).

I was wondering if anyone could recommend any (easy to understand) books on this topic. I do not know enough about this subject to know what I need to ask, but I am curious to find out if this business strategy is used in conjunction with my aforementioned investments.


Rather than a business strategy, the LLC is a legal form of a business. Other choices are sole proprietorship, partnership, and corporation (both S and C).

These links have some information on the advantages and disadvantages of each form: http://www.isquare.com/bizstructure.htm
http://www.llcweb.com
http://www.szun.com/types.htm
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.